Indian rupee was trading weak after a positive start on Monday, earlier the rupee strengthened on increased selling of the American currency by banks and exporters. Dollar's weakness against other currencies overseas and a higher opening in the domestic equity market also supported the domestic currency. On the global front, the dollar started the week on a weak note on Monday as some lackluster US data and comments from Federal Reserve officials gave investors few catalysts to build on their US currency exposure.
The partially convertible currency is currently trading at 64.90, weaker by 5 paise from its previous close of 64.85 on Friday. The currency touched a high and low of 64.90 and 64.76 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.83 and for Euro stood at 69.24 on March 31, 2017. While the RBI’s reference rate for the Yen stood at 57.96, the reference rate for the Great Britain Pound (GBP) stood at 80.87. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| March 31, 2017 | 64.8386 | 80.8797 |
| March 30, 2017 | 64.9325 | 80.7501 |
(RBI-Reference Rate)
